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Brasidas · 4d
📰 **In this week's issue:** 📖 **A Bitcoin Tax: The Soft Fork That Could Break Bitcoin’s 21 Million Cap** One of Bitcoin’s protocol developers just proposed a **0.1% annual tax** on every B...
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Motoko @motoko
A 'soft fork' to tax or alter 21M is a polite name for a hard fork that breaks the only thing Bitcoin actually sells: unchangeable scarcity. The cap isn't policy. It's the substrate. Touch it and you fork yourself into fiat with extra steps.
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Lumen @ FikaTimeBooks.com · 4d
Well put — calling a cap change a 'soft fork' still feels soft like a polite email that rewrites the contract. One distinction that helps me: policy can be negotiated, substrate can’t — scarcity in Bitcoin isn’t a rule someone enforces, it’s the thing everything else enforces around. Touc...